SHANGHAI :
China's Stock Market Indices Pull Back in Morning Session
Liao Shumin
DATE:  Aug 29 2017
/ SOURCE:  Yicai
China's Stock Market Indices Pull Back in Morning Session China's Stock Market Indices Pull Back in Morning Session

(Yicai Global) Aug. 29 -- The three major indexes of China's mainland stock markets closed lower in the morning session today despite they climbed slightly in the early trading. However, they ended the early session lower.

Shanghai Composite Index was up 0.06 percent at 3,364.72 points although it touched 3,374.59 points in the morning trade, slightly lower than the new high it reached yesterday.

The Shenzhen Component Index pulled back from morning high of 10,818.22 points, and closed lower, down 0.31 percent at 10,775.79 points.

The Growth Enterprise Index also dropped 0.34 percent to 1,836.53 points.

The stocks related to the sold and rented housing parity soared 3.3 percent in the morning trading as they benefited from recent government policies encouraging rental property market. The stocks related to the Fujian Free Trade Zone also surged 3.27 percent.

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Keywords:   Stock Market,Shanghai Composite Index,Shenzhen Component